Classroom practitioners are expected to facilitate effective learning under the "Curriculum and Assessment Policy Statement" (CAPS) in South Africa. During this facilitation process, educators are required to become more resourceful in terms of their learning and teaching strategies. This article is based on a case study -- within the…

Data and primary source documents are important for understanding past and current events. The Federal Reserve Bank of St. Louis has committed itself to the collection and illumination of economic data and historical information for classroom teachers and researchers. The Federal Reserve Bank of St. Louis provides a number of services--including…

The article profiles Nobel Peace Laureate Muhammad Yunus, founder of Grameen Bank (an independent financial institution in Bangladesh), as well as an economics professor at the University of Chittagong. In his birthplace of Bangladesh, 49.8 percent of people exist below the poverty line, and 73.2 percent of the women are categorized as…

Discusses teaching about the financial market as it relates to family finances, savings, and business. Explains ways of making these relationships clear to students through diagrams, activities, games, and role playing. Suggests questions to focus on that highlight the relationship between the rate of return and the risks involved. (DK)

Presents a teaching model that is consistent with the traditional approach to demonstrating the expansion and contraction of the money supply. Suggests that the model provides a simple and convenient visual image of changes in the monetary system. Describes the model as juxtaposing the behavior of the moneyholding public with that of the…

Describes graphical techniques to help explain the multiple creation of deposits that accompany lending in a fractional reserve banking system. Presents a model that emphasizes the banking system, the interaction of total permitted, required, and excess reserves and deposits. Argues that the approach simplifies information to examining a slope…

Fifteen sophomores, after 10 weeks of conventional instruction in a macroeconomics course were assigned programed instruction on money and banking for one week while the rest of the class (n equals 21) continued with the lectures. Post testing indicated greater gains from programed instruction. (DB)

This article discusses two twentieth-century stock market crashes: the crash of 1929 and the crash of 1987. When this material is presented to students, they see important parallels between the two historical events. But despite remarkable similarities in the severity and many other aspects of the two crashes, the crash of 1929 was followed by the…

Various types of token economies and contingency contract systems are emerging throughout private and public educational programs. The basic idea of this book is that a token economy based on currency creates a real-life situation for children in the classroom. The goal of this book is to help the teacher establish a currency-based token economy…

Demonstrates how a simple portfolio problem expressed explicitly as an expected utility maximization problem can be used to instruct students in portfolio theory. Discusses risk aversion, decision making under uncertainty, and the limitations of the traditional mean variance approach. Suggests students may develop a greater appreciation of general…

Presents a framework for including the optimal level of national saving and its disposition between investment in the domestic capital stock and the accumulation of overseas assets, in intermediate macroeconomics teaching. Uses the IS-LM model to enhance students' comprehension of the issues involved in the optimal level of saving. (MJP)

Criticizes the beginning of period version of the IS-LM model found in most textbooks. Argues that this model fails to capture the effects of the issuance of financial assets to finance current investment spending by firms and current deficit spending by the government. Recommends an end-of- period model. (MJP)

This guide contains concept based lessons and activities in economics for use with students in grades 4-6. One component of a two-part publication, the guide demonstrates how the conceptual structure of the economics discipline presented in the first publication (ED 148 648) can be used to help students at the intermediate grade level make more…

This activity and resource guide is intended to assist teachers in developing course content and effective teaching methods in business education. (General Business for Economic Understanding," 11th edition, is the adopted textbook for this guide.) The guide is organized into twelve major units and is designed so that each unit builds upon the…